Mayasheel Ventures Limited IPO

Mayasheel Ventures Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹44 - ₹47

Total Issue

₹27.28 Cr

Bid Dates

20 Jun - 24 Jun

Subscription

232.81x

Est. GMP

₹11 (23.40%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Mayasheel Ventures is an infrastructure development firm specializing in the construction of roads, highways, expressways, flyovers, and bridges, primarily serving government clients such as the National Highways and Infrastructure Development Corporation (NHIDCL). It is a “Class A” licensed government contractor, certified by the Uttar Pradesh Public Works Department. In addition to its core focus on civil infrastructure, the company has undertaken various electrical infrastructure projects, including the development of power houses, installation of street lighting, and construction of transmission lines.

Lot Info

Lot Information for Mayasheel Ventures IPO
Category Lots Shares Amount
Individual (Min) 1 3,000 ₹1,41,000
Individual (Max) 1 3,000 ₹1,41,000
S-HNI (Min) 2 6,000 ₹2,82,000
S-HNI (Max) 7 21,000 ₹9,87,000
B-HNI (Min) 8 24,000 ₹11,28,000
Market Maker
2,91,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹27.28 Cr
Fresh Issue
₹27.28 Cr (0.58 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹11
Est. Price ₹58
Est. Gain 23.40%

Mayasheel Ventures IPO Peer Comparison

(Rs. in crores)

Mayasheel Ventures IPO Peer Comparison Table
Particulars Mayasheel Ventures AVP Infracon
Revenue from Ops (in Crs.) 171.01 272.45
PAT (In Crs.) 11.33 33.10
EPS - Basic 7.23 13.25
NAV per share 17.75 50.51
RONW 42.83% 30.19%
EBITDA 15.01% 21.68%
PAT Margin 6.63% 12.15%
Price to earning (PE) 6.50 12.32
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 22, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Mayasheel Ventures IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 171.01 130.32 126.37
Profit after Tax 11.33 6.51 4.75
Net Worth 28.84 24.09 18.06
Total Borrowing 34.06 35.05 33.23
Total Assets 99.10 92.56 79.03
NAV per share (in ₹) 17.75 16.06 12.04
EPS - Basic (in ₹) 7.23 4.34 3.17

KPIs

EBITDA

15.01%

PAT

6.63%

ROE

42.83%

ROCE

28.62%

Debt to Equity

1.60

PE Ratio

6.50

PB Ratio

2.65

Mkt Cap (in Crs.)

103.64

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

91.97%

Public

8.03%

Amit Garg 55.40%
Meenu Garg 26.78%
Prabhat Rajpoot 9.23%
Other Promter 0.55%

Management

Mr. Amit Garg Chairman & MD
Mr. Mahendra Kumar Sharma CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 24-Jun-2025 19:00:23 hrs

Category Sub (x) Offered Bids
QIB 98.14x 11,04,000 10,83,42,000
NII 715.75x 8,28,000 59,26,44,000
Retail 102.63x 19,32,000 19,82,85,000
Total 232.73x 38,64,000 89,92,71,000

Frequently Asked Questions

What is Mayasheel Ventures IPO?
Mayasheel Ventures IPO is a SME IPO having an issue size of ₹27.28 Crs. Mayasheel Ventures IPO is priced at ₹44 - ₹47 per share. The issue opens on 20 Jun 25 and closes on 24 Jun 25.
When will Mayasheel Ventures IPO open?
Mayasheel Ventures IPO opens on 20 Jun 25 and closes on 24 Jun 25.
What is the GMP of Mayasheel Ventures IPO?
The estimated Grey Market Premium of Mayasheel Ventures IPO is ₹11 per share (23.40%).
What is the lot size of Mayasheel Ventures IPO?
The minimum lot size of Mayasheel Ventures IPO is 3000 shares & the minimum application amount is Rs. 141000.
When is the allotment of Mayasheel Ventures IPO?
The allotment date of Mayasheel Ventures IPO is 25 Jun 25.
What is the listing date of Mayasheel Ventures IPO?
The listing date of Mayasheel Ventures IPO is 27 Jun 25.
What is the subscription of Mayasheel Ventures IPO?
Mayasheel Ventures IPO is subscribed 232.81 times.
What is the price band of Mayasheel Ventures IPO?
Mayasheel Ventures IPO is priced at ₹44 - ₹47 per share.
How to check allotment status of Mayasheel Ventures IPO?
Click the allotment link on Mayasheel Ventures IPO page of IPO360.
How to apply Mayasheel Ventures IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Mayasheel Ventures IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Mayasheel Ventures IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Mayasheel Ventures IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date